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A unique deal between Saudi Arabia and Trump close to $ 20 billion
Arabic and International Wednesday, 23 August 2017
The New York Times has reported a unique deal between the Saudi authorities and the chief executive of Blackstone, the direct investment giant, Steven Schwarzman, which was engineered last year and released with Trump's recent visit to the kingdom.
Schwarzman's position near the White House and the business world helped his company to complete one of Wall Street's biggest deals this year after it was selected by Saudi Arabia to manage a new fund with a capital of $ 20 billion.
In May, during the visit of US President Donald Trump to Saudi Arabia, the Blackstone Group announced an agreement with the world's largest fund management of infrastructure projects.
The new fund, which plans to invest in projects such as bridges and old roads in the United States, will benefit from any federal infrastructure plan that could be implemented during the Trump administration.
It is noteworthy that while Saudi Arabia invests in the areas of American infrastructure, most of the cities suffer from poor infrastructure, as in recent years suffered the city of Jeddah floods that led to the demolition of houses and destruction in civilian vehicles.
http://www.skypressiq.net/2017/8/23/%D8%B5%D9%81%D9%82%D8%A9-%D9%81%D8%B1%D9%8A%D8%AF%D8%A9-%D8%A8%D9%8A%D9%86-%D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9-%D9%88%D9%85%D9%82%D8%B1%D8%A8-%D9%85%D9%86-%D8%AA%D8%B1%D8%A7%D9%85%D8%A8-%D8%A8-20-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D9%88%D9%84%D8%A7%D8%B1
Arabic and International Wednesday, 23 August 2017
The New York Times has reported a unique deal between the Saudi authorities and the chief executive of Blackstone, the direct investment giant, Steven Schwarzman, which was engineered last year and released with Trump's recent visit to the kingdom.
Schwarzman's position near the White House and the business world helped his company to complete one of Wall Street's biggest deals this year after it was selected by Saudi Arabia to manage a new fund with a capital of $ 20 billion.
In May, during the visit of US President Donald Trump to Saudi Arabia, the Blackstone Group announced an agreement with the world's largest fund management of infrastructure projects.
The new fund, which plans to invest in projects such as bridges and old roads in the United States, will benefit from any federal infrastructure plan that could be implemented during the Trump administration.
It is noteworthy that while Saudi Arabia invests in the areas of American infrastructure, most of the cities suffer from poor infrastructure, as in recent years suffered the city of Jeddah floods that led to the demolition of houses and destruction in civilian vehicles.
http://www.skypressiq.net/2017/8/23/%D8%B5%D9%81%D9%82%D8%A9-%D9%81%D8%B1%D9%8A%D8%AF%D8%A9-%D8%A8%D9%8A%D9%86-%D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9-%D9%88%D9%85%D9%82%D8%B1%D8%A8-%D9%85%D9%86-%D8%AA%D8%B1%D8%A7%D9%85%D8%A8-%D8%A8-20-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D9%88%D9%84%D8%A7%D8%B1
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